Motherson Sumi Wiring India has informed that Board of Directors of the company in its meeting held today, September 30, 2022 has subject to the approval of the Shareholders of the company: Approved increase in Authorised Share Capital of the company from INR 333,00,00,000 to INR 900,00,00,000 and Recommended issue of Bonus shares in the ratio of 2 (Two) bonus (fully paid up) Equity Shares against 5 (Five) Equity Shares of Re 1 each held in the company. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/04/2015 dated September 9, 2015 are enclosed as Annexure-A. The meeting of the Board of Directors of the company commenced at 11.00 am and concluded at 11.20 am.
The above information is a part of company’s filings submitted to BSE.